Vechain just like bitcoin had a huge wave from covid lows to its all time high Last year and now's price action is just a correction that looks like in the cusp of forming a huge regular flat pattern to relunch it second wave up looking to reach 1.14 cents For the short term it is expected to have a little bounce then continue its last leg down hoping it can...
Just read the past btc update it matches the same for the vra chart looking mega bullish for the long run For the short term it is resting now on a strong support looking for a bounce to 2.5/3 cent area before it continues its last leg down towards 1.2 cent or to break last summer's lows if things gets nasty with bitcoin
Btc had a first wave from covid lows to 65 k Then a wave from 65 k to 28 k which was part of a big correction including the wave from 28 k to 69k and the current unfinished wave from 69 k to 32 k possibly then to 30 or 25 k Please understand that btc is in a massive correction the initial wave was from covid lows to 65 k after that it is only waves inside a big...
Btc had entered recently in an wykoff accumalation phase which is tracking incredibally to what it did in months of may-june-july I expect a pump to the 46 ich region then a pull back around or recent lows to get that spring to the trend reversal
Shiba is currently trading in a clear downtrend there is 2 key ares for a safe buy in either directions with a clear breakout followed by a correction
Massive IHS on the weekly time frame shows a beautiful retest of the neckline right now which will be followed by sideways movement for a couple of weeks before resuming a second leg up with a tecgnical target of 78000 Invalidation after a weekly close below the 47 ish area